About this document
Primary vs. Secondary Bank Reserves by Pinpin Mark Angelo is a document available to read on EtoBox.
1) Primary reserves are the first line of defense for commercial banks against customer deposit withdrawals and are used to fund customer loan requests. 2) Secondary reserves include short-term government securities, money market securities, interest-bearing time deposits with other banks, and commercial paper. 3) Investment reserves are assets held by investors or companies to cover losses if certain investments in their portfolio decline in value.
- Author
- Pinpin Mark Angelo
- Language
- EN